Retirement Benefit

The SCC Retirement Fund provides monthly benefits to all members who have met the requirements of retirement (outlined on our Age and Service Requirements page). As of July 1, 2022, the base rate for each year of creditable service is $164.97. To calculate your base rate pension amount (Single Life Option), we multiply the complete years of creditable service by the base rate amount.

Examples:

12 years X $164.97 = $1,979.64 per month

20 years X $164.97 = $3,299.40 per month

30 years X $164.97 = $4,949.10 per month

At retirement, a member can choose to designate survivor benefits to a spouse. To learn more about Survivor options, head over to our Retirement Options page.